Completion of Acquisition

IMI PLC 02 July 2007 2 July 2007 IMI plc IMI completes the acquisition of Kloehn Company Ltd IMI plc, the major international engineering group, is pleased to announce that, following receipt of regulatory clearances, the acquisition of Kloehn Company Ltd, first announced on 23 May, was completed on 29 June 2007. Kloehn, a leading US provider of specialist pumping and fluid handling systems for the medical sector, becomes part of IMI's Fluid Power business, Norgren. - Ends - For further information contact: IMI plc Graham Truscott, Communications Director Tel: 0121 717 3712 Weber Shandwick Financial Nick Oborne / Stephanie Badjonat / Charlie Hooper Tel: 020 7067 0700 Note to editors: IMI is a dynamic, worldwide company delivering innovative engineering solutions to leading global customers in clearly defined niche markets. Its five businesses share a common goal - to convert their industry knowledge and market insight into customised, design-engineered solutions which create customer advantage and value. These include severe service valves, motion and fluid control systems, indoor climate controls, beverage dispense systems, and merchandising display systems for retail operations. Close customer relationships, strong positions in growing markets and clear differentiation through technological innovation or service are the defining characteristics of all IMI businesses. IMI is quoted on the London Stock Exchange. Information about IMI plc can be found on the website: www.imiplc.com. This information is provided by RNS The company news service from the London Stock Exchange

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